14.1 C
Monday, December 11, 2023

EU will restrict diamonds trade form Russia


Share post:


Moscow: The European Union is planning to restrict the trade of Russian diamonds, European Council President Charles Michel said on Friday.

Earlier in the day, UK Prime Minister Rishi Sunak announced an embargo on imports of diamonds, among other things, from Russia. The sanctions also include a $4 billion freeze on the diamond export market.

“We are now focused on shutting the door on loopholes. And continuing to cut Russia off from critical supplies. We will restrict trade in Russian diamonds. Russian diamonds are not forever and we will lay out openly and frankly why these sanctions are necessary and justified,” Michel said in a statement before the G7 summit in Hiroshima.


Please enter your comment!
Please enter your name here

Related articles

Alleged killers of Gogamedi nabbed from Chandigarh hotel

On the night of Saturday, December 9, two teams of Rajasthan and Delhi police, nabbed the alleged killers...

Mayawati’s nephew Akash Anand announced as next BSP chief

On Sunday, December 10, Bahujan Samaj Party (BSP) National President, Mayawati, announced her 28-year-old nephew, Akash Ananad, as...

Vishnu Deo Sai to be Chhattisgarh CM, says ‘Will work for Modi Ki Guarantee’

Ending the suspense over who the Chief Minister of Chhattisgarh will be, the Bharatiya Janata Party, on Sunday,...

BSP Amroha MP Danish Ali suspended for ‘anti-party’ activities

On Saturday, December 9, the Bahujan Samaj Party (BSP) suspended its Lok Sabha MP from Amroha, Danish Ali,...